Karachi, Huffaz Seamless Pipe Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 31, 2022 at Karachi to consider the matters other than financial results.

Further, the company has declared the closed period from December 27, 2022 to December 31, 2022.

Huffaz Seamless Pipe Industries Limited was incorporated in Pakistan on October 9, 1983 as a public company limited by shares. The principal objective and business of the Company is manufacturing and selling of seamless steel pipes and tubes (tubular products). The Company also has a coating facility capable of applying three layer high density polyethylene coating, polypropylene coating and tape coating on steel pipes.

The total numbers of shares are 55,484,300. The Earnings per share is (0.11) in 2020 which was 0.04 in 2019. The Profit after Taxation is (6,094,000) in 2020 which was 2,205,000 in 2019.